The Evolution of Enterprise Software Portfolio Management

To Be or Not to Be in the Cloud

The Evolution of Enterprise Software Portfolio Management

To Be or Not to Be in the Cloud … The Evolution of Enterprise Software Portfolio Management

Organizations are moving toward cloud-based architecture at a rapid pace.

Alongside evaluating which cloud model best suits your business needs, customers should also consider cloud portfolio management solutions to help them manage their cloud spend in addition to their on-premises software portfolio, since 85-90% of enterprise software still resides in-house.

What is Cloud Portfolio Management

Cloud portfolio management refers to the tools and processes required to help organizations track spend and governance for cloud based resources. As organizations become increasingly more reliant on the cloud, having this visibility is crucial to ensuring that organizations remain within budget, secure, and operating within the terms of the license agreement.

Cloud portfolio management must be integrated with the broader software portfolio management process in order to achieve clear visibility into all assets in the organization’s stack, on-premises or in the cloud.

The Digital Transformation Has Already Begun

“Software portfolio management is becoming an increasingly difficult job. With software making a steady transition to the cloud, companies are left trying to create an integrated and comprehensive approach to manage both their on-premises and cloud-based software. There are serious risks to not managing all software correctly, from cost overruns to performance issues to compliance concerns. For most companies, they simply don’t have the tools yet to get a full-picture of all of their software, and the result is a bit like a single person trying to be in two places at once: there’s always going to be something you’re not seeing completely.”

Dan Woods, Forbes Magazine, writing about technology for early adopters

source: Forbes

In order to aid customers with this transition from on-premises to cloud, we developed the PyraCloud platform – a cloud-based software portfolio management platform that helps organizations manage both their cloud spend and on-premises software portfolio.

Cloud Portfolio Management With PyraCloud

PyraCloud’s mission is to provide full transparency into its clients’ software usage and spend by integrating on-premises and cloud software into a single view. Since the vast majority of enterprise workloads still remain on-premises, early adopters can use PyraCloud’s robust analytics to justify the steady migration of non-mission critical applications into the cloud, while still maintaining key workloads on-premises. Listed below are a few benefits of moving to a cloud based-architecture:

  • Faster development cycles as our developers can self-provision DevOps environments. Now our developers can move faster on application builds without waiting to physically provision hardware and software resources
  • Drive PyraCloud functionality into production faster and scale as required
  • Ability to collaborate with developers, architects, and designers on the development of PyraCloud functionality
  • Ease of on-boarding customers
  • Easier integration with cloud resources to track consumption
  • Ease of on-boarding and integrating with customer cloud resources
  • Improved platform performance
  • Faster bug fixes

Final Thoughts

If you are considering on moving to the cloud but are concerned about licensing and compliance, which cloud services are most viable to your needs, or on-going management and support, then you might also want to consider something like AzureSimple, which provides each of these in a single package in addition to leveraging PyraCloud’s spend management capabilities.

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To learn more about how we have helped organizations gain control of their cloud spend contact us today

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  • PyraCloud, Portfolio Management

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